Jun 14, 2007 : Equinix Expands Data Centers


equinix.com logo📅 - Data center operator Equinix (equinix.com) announced on Thursday it plans to acquire a new data center property in the Los Angeles, California area as well as expand on an existing center in the Silicon Valley.


The new Los Angeles area center will provide Equinix with additional data center space to meet the escalating customer demand within the digital media and entertainment industry in the region. Located near one of Equinix's existing centers in El Segundo, the new center will be Equinix's fourth Internet Business Exchange center in the Los Angeles area. Equinix plans to use the existing high-quality building on the new site for this expansion.

The $49 million transaction is expected to close on the purchase of the property by the end of June, and is scheduled to be open for customers in the fourth quarter of 2008. The site will accommodate approximately 1,700 cabinets in its initial phase with a total capacity of approximately 3,000 cabinets, and it will be directly linked to the three other Los Angeles area IBX centers through redundant dark fiber links managed by Equinix.

Equinix also announced it intends to expand its existing IBX center in Santa Clara, California by approximately 1,100 new cabinets, providing expansion options in the strategic Silicon Valley area, where the company already operates three other centers. The company hopes to begin placing new customers in the expanded space in the second quarter of 2008.

equinix.com Reads: 1949 | Category: General | Source: TheWHIR : Web Host Industry Reviews
URL source: http://www.thewhir.com/marketwatch/061407_Equinix_Expands_Data_Centers.cfm

Company: Equinix.com

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